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Old 04-15-2021, 04:05 PM  
Relic
So Fucking Banned
 
Join Date: Aug 2002
Posts: 10,300
Quote:
Originally Posted by Tasty1 View Post
Yes, it is getting crazy. If you have a normal job you won't be able to save money for a house in Holland, or you must get a raise of 20% a year. If you have more than 100.000 euro on your account, you pay the bank 0,05% interest. They even have a sign on their site to put your money somewhere else. They don't want it.

Just busy with a new mortgage for a friend, that will be 1,2% for 30 years, only pay interest, not paying back next 30 years. Matter of time before the bank pays you to take care of their house.
Yes, the hyperinflation will become serious when the stock Market crashes. It's all being parked there for now. Those negative interest rates are big red flags. I'm only interested in bitcoin/litecoin/gold/silver.
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